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From Entrepreneurial Aspirations to Founding a Business: The Case of Russian Students

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  • Karina Bogatyreva

    (Saint-Petersburg University (Russian Federation))

  • Galina Shirokova

    (Saint-Petersburg University (Russian Federation), and Far Eastern Federal University (Russian Federation))

Abstract

The formulation of entrepreneurial aspirations represents one of the key stages of the entrepreneurial process. In practice, however, not every declared intention is eventually translated into a viable enterprise, creating the phenomenon of the intention-action gap. This study is based upon the key principles of embeddedness perspective and the theory of planned behavior, considering a variety of factors that are able to increase or diminish the probability of an actual shift from entrepreneurial intentions to concrete start-up activities. These factors include the presence of a family business, support from a university entrepreneurial environment, and the level of development of regional entrepreneurial institutions. An analysis of data on 4,484 students from 32 Russian universities gathered over the course of the international project, the Global University Entrepreneurial Spirit Students’ Survey (GUESSS), in 2013–2014 revealed a negative correlation between a family business and the probability of a potential entrepreneur’s shift from entrepreneurial aspirations to the actual creation of a start-up enterprise. The development of regional entrepreneurial institutions, on the other hand, exhibits a positive link.

Suggested Citation

  • Karina Bogatyreva & Galina Shirokova, 2017. "From Entrepreneurial Aspirations to Founding a Business: The Case of Russian Students," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 11(3), pages 25-36.
    • Handle: RePEc:hig:fsight:v:11:y:2017:i:3:p:25-36
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    References listed on IDEAS

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    Cited by:

    1. Solodilova, Natalia Z. (Солодилова, Наталья) & Malikov, Rustam I. (Маликов, Рустам И.) & Grishin, Constantin E. (Гришин, Константин Е.), 2018. "Configuration Approach to Researching Regional Entrepreneurial Ecosystems [Конфигурационный Подход К Исследованию Региональной Экосистемы Предпринимательства]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 134-155, October.
    2. Smirnov, Sergej & Cheberko, Eugeniy, 2018. "Current Stage of Entrepreneurship Development in Russia From 2014 Up To 2017: Main Issues and Trends," 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disruptive Change (Dubrovnik, 2018), in: 6th International OFEL Conference on Governance, Management and Entrepreneurship. New Business Models and Institutional Entrepreneurs: Leading Disrupt, pages 344-355, Governance Research and Development Centre (CIRU), Zagreb.
    3. Olesia V. Bubnovskaia & Norris Krueger & Ivan I. Gutorov, 2022. "Cognitive flexibility as a decision-making factor in entrepreneurship," Upravlenets, Ural State University of Economics, vol. 13(1), pages 2-19, March.
    4. Natalya Solodilova & Rustam Malikov & Konstantin Grishin, 2018. "Methodological Tools to Measure the State of Regional Entrepreneurial Ecosystem," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(4), pages 1256-1269.
    5. Marina Solesvik & Paul Westhead, 2019. "Fostering of Entrepreneurship Competencies and Entrepreneurial Intentions in a Weak Ecosystem," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 13(4), pages 60-68.

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    More about this item

    Keywords

    entrepreneurial intention; intention-action gap; student entrepreneurship; small and medium business in Russia; GUESSS;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups

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